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    880 Hanson St Winnemucca, NV 89445

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    For Sale
    $7,107,692

    NNN leased Grocery Outlet with corporate guarantee until 2035.

    Property size:
    20,284 SF
    Lot size:
    2.05 Acres

    Property Features for 880 Hanson St

    General Information

    Size
    20,284 SF
    Lot size
    2.05 Acres

    Source: Newmark | Las Vegas Agent Michael L. Zobrist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery Outlet NNN Investment Opportunity

    This is a single-tenant, net-net-net (NNN) leased property featuring a Grocery Outlet. The tenant operates under a corporate guarantee with a lease extending for 10 years. The lease is in place until 2035 and includes 10% rental increases every 5 years. Grocery Outlet, based in Emeryville, California, is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products. They operate primarily through a network of independently operated stores. Grocery Outlet and its subsidiaries have more than 520 stores in California, Washington, Oregon, Pennsylvania, Tennessee, Idaho, Nevada, Maryland, North Carolina, New Jersey, Georgia, Ohio, Alabama, Delaware, Kentucky and Virginia. The property contains 20,284 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Primo Water Refill Bottled Water Supplier Grocery Outlet Grocery Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grocery Outlet

    Location Insight

    • Map
    • Local Demand
    City
    Winnemucca
    County
    Humboldt
    State
    Nevada
    Longitude
    -117.734414
    Latitude
    40.963668

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Grocery Outlet with corporate guarantee until 2035.
    Where is this grocery and convenience store located?
    The property is located at 880 Hanson St Winnemucca, NV.
    What is the asking price?
    The asking price for this property is $7,107,692.
    What are key features of this property?
    This property features: - NNN Tenant Corporate Grocery Offering with in-place 10-year lease.; - Lease expires in 2035, providing long-term stability.; - 10% rent increases every 5 years, ensuring increasing returns.
    (702) 733-7500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    880 Hanson St Winnemucca, NV 89445
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